Market Overview:
The global table tennis equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing popularity of table tennis as a sport and rising disposable income of consumers. In terms of type, the racket segment is expected to lead the global table tennis equipment market during the forecast period, followed by balls and tables. In terms of application, specialty and sports shops are expected to hold a major share in the global table tennis equipment market during the forecast period, followed by department and discount stores, online retail and others. Region-wise, Asia Pacific is anticipated to leadthe global table tennis equipment market duringthe forecastperiod owingto its large population baseand growing demand for sports goodsfrom emerging economies such as Chinaand India .
Product Definition:
Table Tennis Equipment includes the table, net, paddles and balls. It is used to play the game of Table Tennis.
Racket:
Racket is a device used in table tennis for serving and volleying. It is also used by the player to hit the ball with more force and accuracy. The racket consists of a hollowed wood or metal tube along which strings are strung for playing purposes. A racket with larger dimensions is known as an all-purpose or full-size racket, while smaller rackets are known as miniature rackets or special purpose rackets respectively.
Ball:
The ball is a round, rubber-coated object used in games such as table tennis, badminton, and tennis. It has a hollow core covered with leather or plastic for added strength. The size of the ball can be varied to some extent; however, it should be large enough so that the shuttlecock does not fall apart during flight. A standard regulation table tennis ball is about the size of an adult fist and weighs around 0.09 kg (0.23 pounds).
Application Insights:
The specialty and sports shops segment dominated the global table tennis equipment market in 2017. This is attributed to the rising popularity of outdoor games among all age groups, especially in countries such as U.S., China, Japan, etc. where there is a high prevalence of speciality and sports shops. Moreover, an increasing number of players from working class families who cannot afford expensive rackets are buying cheaper ones from these stores which contributes to the revenue generation for this segment globally.
The departmental stores.
Regional Analysis:
Asia Pacific dominated the global market in 2017. China is the largest market in Asia Pacific and it will continue to be so over the forecast period. The growth of table tennis as a sport in China has been phenomenal since 1980s, when it was introduced by Deng Xiaoping, former Chinese leader. It is now one of the most popular sports across all age groups in China and many other countries such as Japan, Australia, South Korea and India have also witnessed an increase in popularity due to various reasons such as modernization of society coupled with rising disposable income levels among consumers.
North America accounted for more than 20% share of total revenue generated by global Table Tennis Equipment Market By Type (Racket, Ball) In 2017 owing to presence of large number specialty stores that cater exclusively towards this sport along with high level competition circuit that traverses through U.S.
Growth Factors:
- Increasing popularity of table tennis as a sport: Table tennis is gaining immense popularity as a sport, globally. This is resulting in an increase in the demand for table tennis equipment, thereby driving the market growth.
- Technological advancements: The table tennis equipment market is witnessing rapid technological advancements, with manufacturers introducing new and innovative products to cater to the growing needs of consumers. This is aiding the market growth significantly.
- Rising disposable income levels: With rising disposable income levels, consumers are increasingly spending on luxury items such as table tennis equipment, thereby propelling the market growth further.
- Growing awareness about health benefits of playing table Tennis: There is a growing awareness among people about the health benefits of playing table Tennis owing to which they are inclining towards purchasing Table Tennis Equipment for their homes or clubs/gyms etc., thereby boosting demand and consequently leading to market expansion.. 5) Emerging markets offer significant potential for growth: The global Table Tennis Equipment market offers significant potential for future growth with emerging markets such as China and India offering vast opportunities for expansion
Scope Of The Report
Report Attributes
Report Details
Report Title
Table Tennis Equipment Market Research Report
By Type
Racket, Ball, Table, Others
By Application
Specialty and Sports Shops, Department and Discount Stores, Online Retail, Others
By Companies
Butterfly, Double Happiness (DHS), STIGA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Table Tennis Equipment Market Report Segments:
The global Table Tennis Equipment market is segmented on the basis of:
Types
Racket, Ball, Table, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Specialty and Sports Shops, Department and Discount Stores, Online Retail, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Butterfly
- Double Happiness (DHS)
- STIGA
Highlights of The Table Tennis Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Racket
- Ball
- Table
- Others
- By Application:
- Specialty and Sports Shops
- Department and Discount Stores
- Online Retail
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Table Tennis Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Table tennis equipment includes a table, rackets, balls, and other items.
Some of the major players in the table tennis equipment market are Butterfly, Double Happiness (DHS), STIGA.
The table tennis equipment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Table Tennis Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Table Tennis Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Table Tennis Equipment Market - Supply Chain
4.5. Global Table Tennis Equipment Market Forecast
4.5.1. Table Tennis Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Table Tennis Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Table Tennis Equipment Market Absolute $ Opportunity
5. Global Table Tennis Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Table Tennis Equipment Market Size and Volume Forecast by Type
5.3.1. Racket
5.3.2. Ball
5.3.3. Table
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Table Tennis Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Table Tennis Equipment Market Size and Volume Forecast by Application
6.3.1. Specialty and Sports Shops
6.3.2. Department and Discount Stores
6.3.3. Online Retail
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Table Tennis Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Table Tennis Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Table Tennis Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Table Tennis Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Table Tennis Equipment Demand Share Forecast, 2019-2026
9. North America Table Tennis Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Table Tennis Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Table Tennis Equipment Market Size and Volume Forecast by Application
9.4.1. Specialty and Sports Shops
9.4.2. Department and Discount Stores
9.4.3. Online Retail
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Table Tennis Equipment Market Size and Volume Forecast by Type
9.7.1. Racket
9.7.2. Ball
9.7.3. Table
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Table Tennis Equipment Demand Share Forecast, 2019-2026
10. Latin America Table Tennis Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Table Tennis Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Table Tennis Equipment Market Size and Volume Forecast by Application
10.4.1. Specialty and Sports Shops
10.4.2. Department and Discount Stores
10.4.3. Online Retail
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Table Tennis Equipment Market Size and Volume Forecast by Type
10.7.1. Racket
10.7.2. Ball
10.7.3. Table
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Table Tennis Equipment Demand Share Forecast, 2019-2026
11. Europe Table Tennis Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Table Tennis Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Table Tennis Equipment Market Size and Volume Forecast by Application
11.4.1. Specialty and Sports Shops
11.4.2. Department and Discount Stores
11.4.3. Online Retail
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Table Tennis Equipment Market Size and Volume Forecast by Type
11.7.1. Racket
11.7.2. Ball
11.7.3. Table
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Table Tennis Equipment Demand Share, 2019-2026
12. Asia Pacific Table Tennis Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Table Tennis Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Table Tennis Equipment Market Size and Volume Forecast by Application
12.4.1. Specialty and Sports Shops
12.4.2. Department and Discount Stores
12.4.3. Online Retail
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Table Tennis Equipment Market Size and Volume Forecast by Type
12.7.1. Racket
12.7.2. Ball
12.7.3. Table
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Table Tennis Equipment Demand Share, 2019-2026
13. Middle East & Africa Table Tennis Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Table Tennis Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Table Tennis Equipment Market Size and Volume Forecast by Application
13.4.1. Specialty and Sports Shops
13.4.2. Department and Discount Stores
13.4.3. Online Retail
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Table Tennis Equipment Market Size and Volume Forecast by Type
13.7.1. Racket
13.7.2. Ball
13.7.3. Table
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Table Tennis Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Table Tennis Equipment Market: Market Share Analysis
14.2. Table Tennis Equipment Distributors and Customers
14.3. Table Tennis Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Butterfly
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Double Happiness (DHS)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STIGA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
